Interpretation and insight into play development, critical trends, and key players.
This service integrates IHS Markit expertise with IHS Markit technical data to provide actionable insights into key unconventional plays in North America, including forward-looking outlooks and economic analyses at both the company and asset level.
Oil & Gas Industry Leader Discovers Huge Cost-Savings Opportunities with Standards Conformity Assessment
To lower costs enterprise-wide, a global energy company asked IHS to review 35 internal standards and list 143 comparable international standards. Research uncovered conformity opportunities including 25% savings on casing/tubing for $5 million annually and $180 million annually for conformance with ALL industry standards.
Swift Energy Improves Efficiency and Productivity in Eagle Ford Shale with Kingdom 8.8
For 30+ years, this E&P company has thrived by adopting transformative technologies. Recently it began using a new system to increase profits by reducing geosteering operations from hours to minutes with real-time data, improving communication efficiency between engineers and geophysicists, and by integrating seismic information with well data.
Mack Energy Co. Increases Production and Accelerates Decisions with Rapid Availability of Well Data
As one of the top oil producers in Oklahoma, this company began using an electronic system to make information available to all of its employees. Production data is no longer entered manually so it is available for analysis the next morning and overall production increased because problems are resolved as much as a week sooner.
Baker Hughes accurately forecasted falling oil prices to enable better strategic business decisions
One of the world’s largest oilfield service providers enhanced the forecasting accuracy of its oil rig count model from 90 to 97.6 percent, predicted the impact of price changes on customer spending and demand for product lines (by leveraging 3,500 factors) and created a model that predicted the deflation of WTI crude oil prices in late 2014.